nominal partner in the news ... Often a nominal partner is a well known, well connected individual whose name lends credibility and recognition to the firm, and is paid a fee for this service. Also called limited partner or ostensible partner.
www.businessdictionary.com/definition/nominal-partner.h... www.businessdictionary.com/definition/nominal-partner.html
One of the co-owners of an unincorporated business (organized as a general partnership) who has control of the firm and, unlike limited or nominal partner, has unlimited personal liability for the firm's debts.
www.businessdictionary.com/definition/general-partner.h... www.businessdictionary.com/definition/general-partner.html
A nominal partner, or one held out to the world as such without actual participation of profit and loss, is of course held, generally, as responsible for the debts of the partnership.1 But one who not... ... A nominal partner, or one held out to the world as such without actual participation of profit and loss,
chestofbooks.com/business/law/Law-Of-Contracts-2/Sectio... chestofbooks.com/business/law/Law-Of-Contracts-2/Section-X-Of-Nominal-Partners.html
In a firm of Secor, Swan & Co., Secor was a nominal partner only. Goods were sold to the firm under the supposition that this Secor was the Secor who had formerly been a member of the firm but lately ... ... However, in a suit against the firm, Secor, nominal partner, was made a party defendant, and set up the defense that...
chestofbooks.com/society/law/Popular-Law-8/Section-56-N... chestofbooks.com/society/law/Popular-Law-8/Section-56-Nominal-Partner.html
An article that explains the different types of partnerships that art possible in a parnership kind of legal structure like nominal partner, sleeping partner, minor as partner etc. ... Nominal partners: These partners “only” allow the firm to use their “name” as a partner. They “do not” have any real interest...
www.indiahowto.com/types-partnerships.html www.indiahowto.com/types-partnerships.html
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Hutchinson encyclopedia article about Nominal phrase. Nominal phrase. Information about Nominal phrase in the Hutchinson encyclopedia. ... Nominal Molecular Weight Unit; Nominal money; Nominal number; Nominal numbers; Nominal Ocular Hazard Distance; nominal partner; nominal party; nominal pass-band center frequency;
encyclopedia.farlex.com/Nominal+phrase encyclopedia.farlex.com/Nominal+phrase
nominal partner lends his name for the goodwill and credit worthiness to the firm. He neither contributes capital nor takes active part in the management of business. Such partners are called nominal partners. Nominal partners are liable for the debts of the firm.
www.informationbible.com/Kinds_of_Partners.html www.informationbible.com/Kinds_of_Partners.html
Professional experience (10 years, 2 months) ... Université de Montreal, 1997 - 2000 ... Managing Partner - Montreal Office...
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5.-3. A, nominal partner is one who has not any actual interest in the trade or its profits, but, by allowing his name to be used, he holds himself out to the world as having an apparent interest.
legal-dictionary.thefreedictionary.com/Partners legal-dictionary.thefreedictionary.com/Partners